Fb Foundation
Fb Foundation consistently operates with zero officer compensation while managing over $1.1 million in assets.
EIN: 203290149 · Scottsdale, AZ · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $236K |
| Total Expenses | $138K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $1.1 |
| Net Assets | $1.2M |
| Transparency Score | 80/100 |
Is Fb Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Fb Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Fb Foundation
Fb Foundation (EIN: 203290149) is a nonprofit organization based in Scottsdale, AZ, classified under NTEE code T20. The organization reported total revenue of $236K and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Fb Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Fb Foundation is a small nonprofit that has been operating for 20 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -6.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $57K |
| Total Expenses | $138K |
| Surplus / Deficit | $-80,897 |
| Total Assets | $1.2M |
| Total Liabilities | $1 |
| Net Assets | $1.2M |
| Operating Margin | -142.2% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 102.5 months |
Financial Health Grade: B
In 2023, Fb Foundation reported a deficit of $81K with expenses exceeding revenue, holds 102.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Fb Foundation's revenue has declined at a compound annual growth rate (CAGR) of -6.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -39.9% | +165.2% | -6.4% |
| 2022 | +10.2% | -12.9% | +3.5% |
| 2021 | +266.3% | +1.0% | +2.2% |
| 2020 | -93.2% | -37.7% | -2.9% |
| 2019 | +845.3% | -20.1% | +12.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Fb Foundation with a Mission Score of 80 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 85%
- fundraising: 0%
According to IRS 990 filings, Fb Foundation allocates its expenses as follows: admin: 15%, programs: 85%, fundraising: 0%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $81K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that no officers or key employees receive compensation from the organization, which is highly favorable for a foundation of its size with over $1.1 million in assets.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Fb Foundation's IRS 990 filings:
- Expenses frequently exceed revenue, leading to asset depletion in some periods (e.g., 2023 expenses $137,775 vs. revenue $56,878).
Strengths
The following positive indicators were identified for Fb Foundation:
- Consistent zero officer compensation across all filings, indicating efficient use of funds for leadership.
- Maintains substantial assets (over $1.1 million) providing a stable base for grantmaking activities.
- Consistent IRS 990 filing history demonstrates transparency and compliance.
Frequently Asked Questions about Fb Foundation
Is Fb Foundation a legitimate charity?
Fb Foundation (EIN: 203290149) is a registered tax-exempt nonprofit based in Arizona. Our AI analysis gives it a Mission Score of 80/100. It has 10 years of IRS 990 filings on record. Total revenue: $236K. 1 red flag identified. 3 strengths noted. Financial health grade: B.
How does Fb Foundation spend its money?
Fb Foundation directs 85% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Fb Foundation tax-deductible?
Fb Foundation is registered as a tax-exempt nonprofit (EIN: 203290149). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Fb Foundation CEO make?
Fb Foundation's highest-compensated officer earns $1.1 annually. The organization reported $236K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Fb Foundation compare to similar nonprofits?
With a transparency score of 80/100 (Excellent), Fb Foundation is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Fb Foundation located?
Fb Foundation is headquartered in Scottsdale, Arizona and files with the IRS under EIN 203290149. It is classified under NTEE code T20.
How many years of IRS 990 filings does Fb Foundation have?
Fb Foundation has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $236K in total revenue.
Is Fb Foundation a good charity?
As a private grantmaking foundation, Fb Foundation's 'goodness' is primarily assessed by its grantmaking impact. Financially, it demonstrates strong asset management and zero officer compensation, which are positive indicators. Without knowing its specific grant recipients or impact, it's difficult to fully evaluate its effectiveness, but its financial practices are sound for its type.
What is the primary purpose of Fb Foundation?
Based on its NTEE code T20, Fb Foundation is a Private Grantmaking Foundation, meaning its primary purpose is to provide grants to other organizations or individuals to support charitable activities.
How has Fb Foundation's financial health changed over time?
Fb Foundation's revenue has been highly variable, from a low of $23,451 in 2020 to a high of $343,425 in 2019. Expenses have often exceeded revenue, particularly in recent years (e.g., 2023 expenses of $137,775 against $56,878 revenue). Despite this, its assets have remained consistently above $1.1 million, indicating a stable financial base.
Filing History
IRS 990 filing history for Fb Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Fb Foundation's revenue has declined by 57%, moving from $132K to $57K. Total assets decreased by 8.9% over the same period, from $1.3M to $1.2M. Total functional expenses fell by 0.6%, from $139K to $138K. In its most recent filing year (2023), Fb Foundation reported a deficit of $81K, with expenses exceeding revenue. The organization holds $1 in liabilities against $1.2M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $57K | $138K | $1.2M | $1 | — | — |
| 2022 | $95K | $52K | $1.3M | $1 | — | — |
| 2021 | $86K | $60K | $1.2M | $1 | — | — |
| 2020 | $23K | $59K | $1.2M | $1 | — | — |
| 2019 | $343K | $95K | $1.2M | $1 | — | — |
| 2015 | $36K | $119K | $1.1M | $1 | — | View 990 |
| 2014 | $42K | $122K | $1.2M | $1 | — | View 990 |
| 2013 | $24K | $122K | $1.3M | $1 | — | View 990 |
| 2012 | $207K | $150K | $1.3M | $1 | — | View 990 |
| 2011 | $132K | $139K | $1.3M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $57K, expenses of $138K, and assets of $1.2M (revenue -39.9% year-over-year).
- 2022: Revenue of $95K, expenses of $52K, and assets of $1.3M (revenue +10.2% year-over-year).
- 2021: Revenue of $86K, expenses of $60K, and assets of $1.2M (revenue +266.3% year-over-year).
- 2020: Revenue of $23K, expenses of $59K, and assets of $1.2M (revenue -93.2% year-over-year).
- 2019: Revenue of $343K, expenses of $95K, and assets of $1.2M (revenue +845.3% year-over-year).
- 2015: Revenue of $36K, expenses of $119K, and assets of $1.1M (revenue -12.8% year-over-year).
- 2014: Revenue of $42K, expenses of $122K, and assets of $1.2M (revenue +70.8% year-over-year).
- 2013: Revenue of $24K, expenses of $122K, and assets of $1.3M (revenue -88.2% year-over-year).
- 2012: Revenue of $207K, expenses of $150K, and assets of $1.3M (revenue +56.1% year-over-year).
- 2011: Revenue of $132K, expenses of $139K, and assets of $1.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Fb Foundation:
Data Sources and Methodology
This transparency report for Fb Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.